Strategic Business Reporting

Where the marks are

Percentages are the examinable weighting for each area. Revising in this order puts your time where the marks are.

1. Group Financial Statements

   30%

   Introduction to consolidating complex group structure · Preparation of financial statements of a complex group

2. Reporting of Entity's Performance to Stakeholders

   25%

   Performance reporting · Non-financial Assets · Non-financial Liabilities · Financial Assets and Liabilities · Segment Reporting

3. Interpret Financial Statements, Sustainability Disclosures, Non-financial Data and Information, and Other Related Disclosures and Reports

   20%

   Suitability of accounting policies and reported numbers · Analyses, interpretation and appraisal of financial and other reports · Limitations of financial analyses

4. Sustainability and Integrated Reporting

   10%

   Evolution and development of sustainability reporting · Sustainability reporting frameworks · IFRS Sustainability Disclosure Standards (IFRS S1 and S2)

5. Ethical Issues in, and Regulatory Framework of Strategic Business Reporting

   5%

   Ethical issues in strategic business reporting · Regulatory framework of strategic business reporting

6. The Impact of Changes and Potential Changes in Accounting Regulations

   5%

   First-time adoption of new standards and exposure drafts

7. Other Current Developments in and Beyond Financial Reporting

   5%

   Global convergence and Nigerian generally accepted accounting principles · Technology and other employability skills in business reporting · Insurance contracts and emerging regulatory issues · IASB practice statements

Where candidates lose this paper

The Institute publishes its own past questions. What it cannot give you is an answer to these.

There is not enough time to read the whole study text before the diet.

The official study text condensed and reorganised by examinable weighting, with every claim cited back to the page it came from — so you can check anything you doubt in one click.

You write practice answers for months and never find out whether a single one would have scored.

Write by hand, photograph it, and have it marked against the examiner's own marking guide — with the marks broken down the way the examiner breaks them down, and the reason for each one.

The study text is hundreds of pages and none of it tells you which parts the examiner actually asks about.

Every syllabus topic, ordered by the share of marks it carries, so your revision time follows the marks instead of the page count.

You know the answer but lose marks anyway, and no one ever explains where they went.

The Institute's published solution beside your attempt, with the mark allocation visible — so you can see the marks sitting in the principle and the application, not only the final figure.

You have only ever typed your answers, and the paper is written by hand.

Timed mocks written on paper, under exam conditions, so you discover how long handwriting takes before it costs you a question.